X2R HCA for Hydrocarbon Accounting

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Delivering visibility for profitability, forecasting, simulation and production optimization

The upstream oil and gas industry faces constant change from the discovery of new fields, increasingly from unconventional methods. Volumes of data from new sources including field data capture, along with evolving state and federal regulations, continue to increase data complexity. Better data visibility is needed for understanding the profitability of global portfolios on a well-by-well basis. Companies seeking to modernize their hydrocarbon accounting systems to meet these demands can look to CGI’s X2R HCA.

Solution overview

Every operation in the upstream life cycle is different, and business practices vary by company, facility and region. A high-performance hydrocarbon accounting function must handle the growing complexity and volume of data in an evolving regulatory landscape.

Integrates seamlessly with multiple applications, including ERP, land and lease, reserves management, GIS and well management

Is flexible and scalable to support accounting across multiple companies

Is configurable to support region-specific capabilities cost effectively

Can be deployed via Software as a Service (SaaS) as a cost-effective alternative to client-managed installations, reducing the demands on internal IT staff while improving business continuity

Can be implemented in a matter of days with powerful data transport capability included

HCA production management

In the current challenging environment where exploiting cost efficiencies are paramount, X2R HCA has the tools you need to drive increased value. Powerful exception-based dashboards provide the ability to validate data in real time and quickly understand developing trends affecting production uptime. Ease of integration with existing systems, including other X2R business suite modules, delivers visibility to asset profitability and alignment of production to plan - key factors that directly influence company valuation.

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CGI’s Exploration2Revenue™ (X2R) Business Suite is an integrated portfolio of solutions and services designed for managing the oil and gas upstream back office for North American operators with greater agility, insight and cost efficiency.

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